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US Dollar Index






7/20/2017 4:12:55 AM

US Dollar Index - Technical Analysis: Thursday, 20/07/2017 08:12 GMT



The US dollar index attempted to break 94.44 level but it could not manage to settle below it until now, showing sideways fluctuation near this level, waiting to confirm breaking it will open the door to extend the bearish wave on the medium term basis to reach 91.91.

The index stability below 95.20 represents initial condition to continue the expected bearish wave, as surpassing this level will lead trading to achieve gains that might reach 96.65 before attempting to decline again.


Target
Risk


Support
Resistance


Trend Bearish

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